Royal Dutch Shell (RDSB) PT Set at GBX 2,850 by HSBC

HSBC set a GBX 2,850 ($37.24) price objective on Royal Dutch Shell (LON:RDSB) in a research report report published on Thursday morning. The brokerage currently has a neutral rating on the stock.

RDSB has been the topic of a number of other research reports. BNP Paribas reissued an outperform rating and issued a GBX 3,450 ($45.08) target price on shares of Royal Dutch Shell in a report on Thursday, October 4th. Barclays reissued an overweight rating and issued a GBX 3,300 ($43.12) target price on shares of Royal Dutch Shell in a report on Tuesday, September 11th. Royal Bank of Canada boosted their target price on Royal Dutch Shell from GBX 2,800 ($36.59) to GBX 2,900 ($37.89) and gave the company an outperform rating in a report on Monday, August 20th. Goldman Sachs Group boosted their target price on Royal Dutch Shell from GBX 2,980 ($38.94) to GBX 3,130 ($40.90) and gave the company a buy rating in a report on Friday, September 14th. Finally, Credit Suisse Group set a GBX 3,175 ($41.49) target price on Royal Dutch Shell and gave the company a buy rating in a report on Wednesday. One analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have issued a buy rating to the stock. Royal Dutch Shell has a consensus rating of Buy and an average target price of GBX 2,920.83 ($38.17).

Shares of LON:RDSB traded up GBX 37 ($0.48) during trading on Thursday, reaching GBX 2,569 ($33.57). The company had a trading volume of 5,468,158 shares, compared to its average volume of 5,080,000. Royal Dutch Shell has a fifty-two week low of GBX 2,037 ($26.62) and a fifty-two week high of GBX 2,617 ($34.20).

Royal Dutch Shell Company Profile

Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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